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<br>As per our new research study report "Global [Biofuel](https://stocktwits.com/symbol/MNEL) Market Analysis", the [global bio-fuel](https://forest500.org/rankings/companies/mission-newenergy-limited) market will witness a fast development track from 2010 onwards in the backdrop of diminishing fossil fuels and degradation of [environmental conditions](https://pitchbook.com/profiles/company/51278-86). It is anticipated that, the international bio-fuel market will grow at a CAGR of around 18% throughout 2010-2013. Further, many governments across the globe have actually been implementing mandatory [bio-fuel mix](https://pitchbook.com/profiles/company/51278-86) with the [traditional fuel](https://www.bloomberg.com/profile/company/MNELF:US) to further boost up the need for [biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).<br> |